LM_XB402 Des Moines, IA Thu, Apr 02, 2020 USDA Market News NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales - Morning USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 9:30am Based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields. Values reflect U.S. dollars per 100 pounds. CHOICE SELECT 600-900 600-900 -------------------------------------------------------------------------------- Current Cutout Values: 233.55 224.06 Change from prior day: (1.62) (1.07) -------------------------------------------------------------------------------- Choice/Select spread: 9.49 Total Load Count (Cuts, Trimmings, Grinds): 55 -------------------------------------------------------------------------------- COMPOSITE PRIMAL VALUES Primal Rib 317.77 310.83 Primal Chuck 221.18 220.07 Primal Round 247.48 243.11 Primal Loin 275.02 236.25 Primal Brisket 153.49 167.12 Primal Short Plate 101.14 101.14 Primal Flank 99.33 104.28 -------------------------------------------------------------------------------- LOAD COUNT AND CUTOUT VALUE SUMMARY FOR PRIOR 5 DAYS CHOICE SELECT Date Choice Select Trim Grinds Total 600-900 600-900 04/01 69 15 27 25 135 235.17 225.13 03/31 52 26 9 18 104 243.15 228.96 03/30 86 18 29 17 151 250.97 238.14 03/27 73 11 19 21 124 252.84 242.38 03/26 44 39 8 21 111 253.57 242.17 -------------------------------------------------------------------------------- Current 5 Day Simple Average: 247.14 235.35 -------------------------------------------------------------------------------- NATIONAL BOXED BEEF CUTS - NEGOTIATED SALES FOB Plant basis negotiated sales for delivery within 0-21 day period. Prior days sales after 1:30pm are included. CURRENT VOLUME - (one load equals 40,000 pounds) Choice Cuts 24.67 loads 986,800 pounds Select Cuts 8.19 loads 327,563 pounds Trimmings 16.79 loads 671,426 pounds Ground Beef 5.84 loads 233,751 pounds -------------------------------------------------------------------------------- Choice Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 3 20,367 590.00 635.00 596.44 112A 3 Rib, ribeye, bnls, light 0 0 112A 3 Rib, ribeye, bnls, heavy 6 2,780 710.00 780.00 731.38 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 3 2,429 325.00 337.50 328.58 114A 3 Chuck, shoulder clod, trmd 5 24,454 268.25 366.75 288.84 114D 3 Chuck, clod, top blade 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender 116A 3 Chuck, roll, lxl, neck/off 5 12,473 361.00 370.75 364.97 116B 1 Chuck, chuck tender 5 16,334 285.00 349.50 319.48 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap 0 0 120 1 Brisket, deckle-off, bnls 3 4,222 208.95 225.00 212.47 120A 3 Brisket, point/off, bnls 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 160 1 Round, bone-in 161 1 Round, boneless 167A 4 Round, knuckle, peeled 8 11,641 313.00 342.50 322.51 168 1 Round, top inside round 5 12,571 345.00 355.00 349.46 168 3 Round, top inside round 12 51,905 305.50 367.75 323.41 169 5 Round, top inside, denuded 4 8,590 355.50 386.00 379.15 169A 5 Round, top inside, cap off 4 5,567 462.00 462.00 462.00 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 171B 3 Round, outside round 10 72,606 302.00 335.00 318.36 171C 3 Round, eye of round 10 41,539 310.00 357.50 320.68 174 3 Loin, short loin, 0x1 5 21,985 536.75 600.00 539.33 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 0 0 180 3 Loin, strip, bnls, 0x1 6 16,011 677.50 700.00 684.67 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 3 6,353 285.00 335.00 292.26 184B 3 Loin, top butt, CC 185A 4 Loin, bottom sirloin, flap 185B 1 Loin, ball-tip, bnls, heavy 185C 1 Loin, sirloin, tri-tip 185D 4 Loin, tri-tip, pld 0 0 189A 4 Loin, tndrloin, trmd, heavy 5 68,288 600.00 670.00 603.04 191A 4 Loin, butt tender, trimmed 0 0 193 4 Flank, flank steak -------------------------------------------------------------------------------- Select Cuts, Fat Limitations 1-6 (IM) = Individual Muscle IMPS/FL Sub-Primal # of Total Price Weighted Trades Pounds Range Average -------------------------------------------------------------------------------- 109E 1 Rib, ribeye, lip-on, bn-in 0 0 112A 3 Rib, ribeye, bnls, light 0 0 112A 3 Rib, ribeye, bnls, heavy 0 0 113C 1 Chuck, semi-bnls, neck/off 0 0 114 1 Chuck, shoulder clod 0 0 114A 3 Chuck, shoulder clod, trmd 0 0 114D 3 Chuck, clod, top blade 0 0 114E 3 Chuck, clod, arm roast 0 0 114F 5 Chuck, clod tender 0 0 116A 3 Chuck, roll, lxl, neck/off 3 1,362 345.00 367.50 363.21 116B 1 Chuck, chuck tender 3 Chuck roll, retail ready 0 0 116G 4 Chuck, flap 120 1 Brisket, deckle-off, bnls 3 2,931 220.00 231.75 226.58 120A 3 Brisket, point/off, bnls 0 0 123A 3 Short Plate, short rib 0 0 130 4 Chuck, short rib 0 0 160 1 Round, bone-in 0 0 161 1 Round, boneless 0 0 167A 4 Round, knuckle, peeled 0 0 168 1 Round, top inside round 0 0 168 3 Round, top inside round 0 0 169 5 Round, top inside, denuded 0 0 169A 5 Round, top inside, cap off 0 0 3 Round, top inside, side off 0 0 170 1 Round, bottom gooseneck 0 0 171B 3 Round, outside round 171C 3 Round, eye of round 5 7,030 311.34 356.50 336.70 174 3 Loin, short loin, 0x1 5 4,485 479.88 520.00 487.06 175 3 Loin, strip loin, 1x1 0 0 1 Loin, strip loin bnls. 1x1 180 3 Loin, strip, bnls, 0x1 3 4,659 530.25 537.00 536.49 184 1 Loin, top butt, bnls, heavy 184 3 Loin, top butt, boneless 6 36,229 242.64 329.50 250.13 184B 3 Loin, top butt, CC 0 0 185A 4 Loin, bottom sirloin, flap 0 0 185B 1 Loin, ball-tip, bnls, heavy 0 0 185C 1 Loin, sirloin, tri-tip 0 0 185D 4 Loin, tri-tip, pld 0 0 189A 4 Loin, tndrloin, trmd, heavy 191A 4 Loin, butt tender, trimmed 193 4 Flank, flank steak -------------------------------------------------------------------------------- CHOICE, SELECT & UNGRADED CUTS Fat Limitations 1-6 (IM) = Individual Muscle -------------------------------------------------------------------------------- 121D 4 Plate, Inside Skirt 7 243,806 342.12 360.00 343.37 121C 4 Plate, Outside Skirt 3 45,391 269.05 319.95 272.57 121E 6 Outside Skirt, pld 10 148,497 432.00 480.00 432.87 Cap and Wedge Meat 30 332,446 206.35 280.25 206.73 Pectoral Meat 5 29,229 205.00 274.00 250.10 -------------------------------------------------------------------------------- GB - STEER/HEIFER SOURCE - 10 Pound Chub Basis - Coarse and Fine Grind -------------------------------------------------------------------------------- Ground Beef 73% 4 24,655 212.00 265.12 227.88 Ground Beef 75% 0 0 Ground Beef 81% 8 68,136 283.00 296.75 292.28 Ground Beef 85% 0 0 Ground Beef 90% Ground Beef 93% 3 14,126 357.50 375.00 368.85 Ground Beef Chuck 80% Ground Beef Round 85% Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BLENDED GB - STEER/HEIFER/COW SOURCE - 10 Pound Chub Basis - Coarse & Fine Grind -------------------------------------------------------------------------------- Blended Ground Beef 73% Blended Ground Beef 75% 0 0 Blended Ground Beef 81% Blended Ground Beef 85% 0 0 Blended Ground Beef 90% 0 0 Blended Ground Beef 93% 0 0 Blended Ground Beef Chuck 80% Blended Ground Beef Round 85% 0 0 Blended Ground Beef Sirloin 90% 0 0 -------------------------------------------------------------------------------- BEEF TRIMMINGS - STEER/HEIFER SOURCE - Fresh Combos & Frozen Boxed -------------------------------------------------------------------------------- Fresh 50% lean trimmings 17 671,426 23.00 36.11 25.59 Frozen 50% lean trimmings 0 0 -------------------------------------------------------------------------------- FAT LIMITATIONS (FL) DESCRIPTION Maximum Average Fat Thickness Maximum Fat at any point 1. 3/4" (19mm) 1.0" 2. 1/4" (6mm) 1/2" 3. 1/8" (3mm) 1/4" 4. Practically free (75% surface lean exposed) 1/8" 5. Peeled/Denuded 1/8" 6. Peeled/Denuded, surface membrane removed 1/8" -------------------------------------------------------------------------------- Items that have no entries indicate there were trades but not reportable because they did not meet the daily 3/70/20 guideline. Please refer to weekly LM_XB459 as the item may qualify. -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 email: desm.lpgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/market-news/livestock-poultry-grain 1100C .